CSEET · Economic and Business Environment · Entrepreneurship Scenario
Which statement correctly distinguishes a social entrepreneur from a commercial entrepreneur?
A social entrepreneur's primary goal is to address a social or environmental problem, using business methods and surplus to sustain the venture, whereas a commercial entrepreneur mainly seeks profit and wealth for owners.
- AThe social entrepreneur's primary aim is solving a social problem, with profit as a means to sustain the ventureCorrect
- BThe social entrepreneur never earns any revenue from operations
- CThe social entrepreneur's main aim is maximising shareholder profit
- DThe social entrepreneur must always be a government employee
Explanation
Social entrepreneurs prioritise social value creation, using revenue or surplus to sustain and scale impact. They may earn revenue, so the no-revenue option is wrong. Profit maximisation describes commercial ventures, and no government employment requirement exists.
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